BAILEY GAS UNIT "A"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196129District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.6 M
May 2003 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
277
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-30.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PRORATION PURPOSES.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-09-17152204
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition3,365 bbl$206,702
GasProduction3,379,582 Mcf$19,367,373
Total$19,574,075

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.4683, -96.2337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46825, -96.23372 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,150 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 13,150 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-16132491813,150 ftMay 2003

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (277)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

277 months

May 20260173106.413.05$527
Apr 2026018198.932.87$519
Mar 2026711189.753.15$978
Feb 20261311463.503.75$1,253
Jan 202606559.138.00$520
Dec 20255011056.664.41$3,318
Nov 2025238858.593.93$1,693
Oct 202512420859.383.30$8,051
Sep 20255820262.743.08$4,260
Aug 20255719963.933.01$4,244
Jul 2025018466.743.32$610
Jun 2025018366.483.13$573
May 20252718160.553.23$2,220
Apr 20254717562.363.54$3,551
Mar 20251717767.704.27$1,906
Feb 202506070.884.34$260
Jan 2025107774.324.28$1,073
Dec 20248223168.993.12$6,378
Nov 2024018469.052.20$405
Oct 20243619871.372.28$3,021
Sep 20243524669.612.36$3,018
Aug 2024022975.632.06$473
Jul 20243123879.932.15$2,989
Jun 20246619378.082.63$5,662
May 20244821378.812.20$4,251
Apr 20245821484.451.66$5,253
Mar 2024019780.301.55$304
Feb 2024012876.091.78$228
Jan 20241618673.023.30$1,782
Dec 2023147071.262.61$1,298
Nov 202361,69877.892.81$5,235
Oct 2023152,38785.443.09$8,651
Sep 2023152,41789.042.74$7,946
Aug 2023152,37380.522.67$7,551
Jul 2023182,77174.852.64$8,668
Jun 2023292,85468.962.26$8,446
May 2023212,14670.622.23$6,263
Apr 2023153,37778.122.24$8,729
Mar 2023232,96672.852.39$8,774
Feb 202382,56675.112.47$6,928
Jan 202392,91076.533.39$10,547
Dec 2022162,73376.415.73$16,880
Nov 2022112,32285.005.65$14,045
Oct 202262,35187.185.86$14,309
Sep 202271,99784.888.16$16,897
Aug 202281,87794.529.13$17,888
Jul 2022102,225101.587.54$17,797
Jun 2022162,186115.097.98$19,280
May 2022102,106109.378.43$18,854
Apr 202212,332104.226.84$16,050
Mar 2022112,830108.885.08$15,564
Feb 202232,34891.054.86$11,682
Jan 2022142,70381.844.54$13,411
Dec 202162,16071.323.90$8,850
Nov 2021122,20677.435.24$12,482
Oct 2021122,81879.795.71$17,059
Sep 202193,09369.865.35$17,179
Aug 2021172,75666.024.22$12,754
Jul 2021223,46870.783.98$15,367
Jun 2021242,82269.493.38$11,208
May 2021384,34463.483.02$15,521
Apr 2021104,37660.362.76$12,674
Mar 2021294,22361.302.72$13,251
Feb 2021242,74357.805.55$16,605
Jan 2021216,08950.412.81$18,170
Dec 2020276,33644.642.68$18,157
Nov 2020386,53038.772.71$19,147
Oct 2020476,86036.972.48$18,740
Sep 2020111,95137.091.99$4,293
Aug 2020012039.982.39$286
Jul 2020221138.371.83$462
Jun 2020114934.901.69$287
May 2020015516.921.81$281
Apr 202081,24814.751.80$2,370
Mar 2020121,53130.341.86$3,206
Feb 2020192,70649.881.98$6,307
Jan 202001,60857.252.09$3,368
Dec 201901,42359.012.30$3,279
Nov 201901,64455.302.75$4,522
Oct 201904,62053.472.42$11,174
Sep 201936,60455.052.66$17,714
Aug 201934,14753.112.30$9,716
Jul 2019044056.272.46$1,082
Jun 2019174652.782.49$1,911
May 201911,17658.482.74$3,281
Apr 201932,24362.632.75$6,358
Mar 201921,21856.803.06$3,843
Feb 201921,34850.852.79$3,866
Jan 201941,27446.033.23$4,297
Dec 201821,58846.594.19$6,740
Nov 201843,95952.934.24$16,987
Oct 201821,75461.443.40$6,083
Sep 201811,18359.543.11$3,736
Aug 2018182059.403.07$2,574
Jul 2018292065.142.93$2,828
Jun 2018132,41860.183.08$8,222
May 2018151,80165.382.90$6,205
Apr 201811,03363.842.90$3,060
Mar 2018291661.222.79$2,675
Feb 2018295661.782.77$2,768
Jan 2018189562.874.01$3,651
Dec 2017291657.272.92$2,791
Nov 2017059755.423.12$1,862
Oct 2017091249.292.98$2,721
Sep 201701,03747.523.09$3,202
Aug 201711,75445.373.00$5,315
Jul 201701,32343.873.09$4,084
Jun 201711,09542.493.09$3,423
May 201712,74745.373.26$9,010
Apr 201722,73447.933.21$8,876
Mar 201723,04546.772.98$9,179
Feb 201732,79450.452.95$8,401
Jan 201713,26949.413.42$11,225
Dec 201623,85148.763.72$14,434
Nov 201603,80742.492.64$10,067
Oct 201603,62246.193.09$11,193
Sep 201603,92141.553.10$12,158
Aug 201605,21941.442.92$15,262
Jul 201604,20641.622.92$12,300
Jun 201604,59045.352.69$12,328
May 201604,89942.521.99$9,754
Apr 201607,23636.561.99$14,407
Mar 201605,96533.011.79$10,701
Feb 201607,47826.472.06$15,432
Jan 201606,15827.352.36$14,560
Dec 201507,04332.362.00$14,096
Nov 201506,45338.792.17$13,986
Oct 20151798,41943.552.43$28,225
Sep 201506,80042.992.76$18,757
Aug 201506,94740.162.87$19,955
Jul 201508,03048.152.95$23,649
Jun 201508,71056.152.88$25,110
May 201508,60055.212.96$25,417
Apr 201509,08849.822.71$24,597
Mar 201508,10542.892.93$23,786
Feb 201508,53844.662.98$25,411
Jan 201508,43443.433.10$26,151
Dec 201408,63454.693.59$31,008
Nov 201409,30370.464.25$39,555
Oct 201409,71578.303.90$37,898
Sep 201405,12586.164.05$20,733
Aug 201409,30089.394.04$37,527
Jul 201409,65396.564.18$40,346
Jun 201409,53998.164.74$45,185
May 201409,27194.734.73$43,820
Apr 2014010,58795.944.81$50,914
Mar 2014010,24695.895.06$51,812
Feb 201408,89497.406.19$55,072
Jan 2014010,60090.404.86$51,524
Dec 2013011,04891.824.35$48,108
Nov 2013011,47388.853.74$42,889
Oct 2013011,08697.423.78$41,898
Sep 2013010,700104.113.72$39,780
Aug 2013011,412104.253.52$40,200
Jul 2013011,580102.523.72$43,051
Jun 2013011,36494.403.93$44,699
May 2013011,98794.834.15$49,735
Apr 2013011,71093.964.28$50,149
Mar 2013012,26693.623.91$47,995
Feb 2013011,52991.233.42$39,428
Jan 2013012,84791.603.42$43,936
Dec 2012012,72786.773.42$43,528
Nov 2012012,53786.953.62$45,446
Oct 2012014,00489.383.40$47,609
Sep 2012013,40394.672.92$39,115
Aug 2012014,36592.662.91$41,776
Jul 2012014,72185.133.02$44,469
Jun 2012014,48879.822.52$36,496
May 2012015,31391.612.49$38,104
Apr 2012015,177101.652.00$30,305
Mar 2012115,721105.052.22$35,038
Feb 2012014,845101.102.57$38,155
Jan 2012016,88798.092.73$46,170
Dec 2011017,22796.873.24$55,811
Nov 2011117,01695.723.31$56,440
Oct 2011017,72484.983.65$64,667
Sep 2011017,16083.623.99$68,396
Aug 2011018,10383.404.15$75,115
Jul 2011019,28094.144.52$87,092
Jun 2011019,08592.904.64$88,552
May 2011020,29898.134.40$89,409
Apr 201117719,187105.964.33$101,898
Mar 2011119,84496.364.06$80,610
Feb 201106,47585.644.18$27,065
Jan 201105,99086.504.59$27,487
Dec 201007,83585.734.35$34,065
Nov 201008,09680.843.80$30,727
Oct 2010010,60978.103.51$37,226
Sep 2010012,64072.633.98$50,301
Aug 2010014,64273.684.42$64,708
Jul 2010012,76472.554.74$60,457
Jun 2010016,46570.364.91$80,850
May 2010018,01371.124.24$76,289
Apr 2010018,07181.694.12$74,501
Mar 2010119,66878.394.39$86,395
Feb 2010316,78773.585.44$91,582
Jan 2010619,72274.365.96$118,070
Dec 2009018,97971.445.48$104,076
Nov 2009020,42174.593.75$76,609
Oct 2009021,24672.544.11$87,326
Sep 2009021,70765.543.06$66,527
Aug 2009023,55867.423.22$75,821
Jul 2009023,52261.133.46$81,492
Jun 2009322,70966.163.90$88,650
May 200918,58754.743.93$33,765
Apr 200914,67946.773.59$16,833
Mar 200904,99042.144.06$20,254
Feb 200903,78932.814.63$17,554
Jan 200915,66535.865.37$30,463
Dec 200805,21437.105.98$31,165
Nov 200805,40655.496.86$37,087
Oct 200805,56475.246.92$38,514
Sep 200806,339101.767.88$49,933
Aug 200807,860114.228.48$66,677
Jul 200807,287131.0811.39$82,995
Jun 200817,905131.3313.03$103,154
May 200828,352123.1711.57$96,915
Apr 2008210,874110.3110.45$113,907
Mar 200808,333101.909.66$80,531
Feb 200818,45292.538.77$74,221
Jan 200879,99390.388.21$82,633
Dec 2007011,70488.337.30$85,462
Nov 2007815,58291.677.29$114,353
Oct 2007614,72682.856.92$102,430
Sep 2007714,48475.846.24$90,971
Aug 200717814,62669.066.39$105,723
Jul 2007217,23170.906.39$110,212
Jun 2007118,70162.007.55$141,226
May 2007018,86758.747.85$148,036
Apr 2007121,47159.617.81$167,645
Mar 2007018,58656.927.30$135,714
Feb 2007118,85855.108.22$154,992
Jan 2007327,17950.306.73$182,980
Dec 2006425,62256.656.92$177,491
Nov 2006627,96854.207.62$213,371
Oct 2006528,81954.906.01$173,586
Sep 2006117,49660.085.04$88,191
Aug 2006227,70668.717.34$203,497
Jul 2006932,46669.376.34$206,548
Jun 200619333,01166.286.38$223,530
May 20061236,24466.016.42$233,660
Apr 2006732,62564.397.36$240,586
Mar 2006538,84156.707.08$275,391
Feb 2006436,84757.597.75$285,836
Jan 200620446,13560.598.93$424,499
Dec 20052248,46854.9413.42$651,426
Nov 20051848,50254.6910.59$514,543
Oct 2005847,39458.3413.80$654,303
Sep 20051041,94461.4512.08$507,256
Aug 2005736,35961.519.80$356,634
Jul 20051636,64355.697.84$288,306
Jun 2005114,55552.337.38$107,483
May 2005114,03245.226.65$93,374
Apr 200518820,94149.207.36$163,385
Mar 2005025,23050.377.15$180,518
Feb 2005426,06845.226.31$164,720
Jan 2005829,86843.166.32$189,177
Dec 2004832,25439.866.75$218,068
Nov 2004534,82645.286.33$220,690
Oct 2004632,01549.706.52$208,879
Sep 2004835,55343.245.28$188,204
Aug 2004737,46642.375.55$208,258
Jul 20041239,60338.286.08$241,411
Jun 2004841,41636.106.43$266,719
May 2004846,50537.486.49$302,330
Apr 200419548,12134.475.86$288,637
Mar 20041450,95634.365.53$282,275
Feb 20041151,12632.455.51$282,042
Jan 20041354,09832.036.30$341,214
Dec 20032163,44330.266.30$400,430
Nov 20031563,47828.804.60$292,124
Oct 20031767,77228.174.76$323,049
Sep 20031578,48526.314.75$373,148
Aug 20031367,13429.765.13$344,766
Jul 20031566,83529.415.17$346,034
Jun 20032949,02828.565.98$294,161
May 2003539,61926.595.97$58,860

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  173 Mcf  × $  3.05 =       $527

────────────────────────────────────────────────────
Month total                                     $527

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 05/G/196129 is the state's own key, not one this site invented.